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Successful Cycling Shop


Description:    This well known cycling shop was established 27 years ago with the existing owner (an enthusiastic cyclist himself) having the business for 20 years. The shop has been branded very effectively by supplying excellent service, participating in national cycling events and supplying mechanical services at such events. There are agreements in place with some wine farms where the business branding is marketed and exposure received continuously. The business also gets exposure through local rides, multi day events etc. He has nationally support clients.
Industry / Sector:    Services - Body and Health
State / Province:    Western Cape RSA
City / Town:    Western Cape
Location / Area:    Western Cape
Portability:    There is an existing lease on the property, but after the lease has expired, the business can be relocated in the area, but not advisable as the business is quite visible at present from various busy roads
Asking Price:    R 13 120 000
Conditions:    Cash - this excludes stock of +/- R7 million
Turnover:    R 2 000 000 per month
Profit:    R 260 000 per month
Annual Return:    24 % per annum
No. of Staff:    7
Year Established:    1995
Legal Persona:    Private Company (Pty) Ltd
Other Information:     



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Record ID: 2855
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